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For someone seeking the extraordinary, diamonds are also available in "fancy" colors such as yellow, pink, red, blue, green or purple. Only one in every 10,000 diamonds possesses natural color and is referred to as a fancy color diamond, so they are very rare.
Fancy Color Diamonds are very popular with celebrities as engagement rings.
The beautiful colors come from trace elements in the diamond, such as nitrogen which produces a yellow diamond. Exposure to radiation during the diamond's creation produces green diamonds.
Cut, proportions, and clarity are far less relevant purchasing a fancy color diamond.
Color intensity, the deepness or richness of color, is the most important criteria. The more intense the color, the rarer and more costly the diamond will be.
See the chart below for the intensity range.
Certain colors (like pink and red) naturally occur in very small crystals, and sizes above 1 carat are very expensive.
Because internal markings tend to be masked by the body color, clarity is only because an issue if it is distinctly eye visible.
With fancy color diamonds it is all about the color, so they are cut to maximize their color. Compromises in cut (generally depth) are routinely made to enhance the color.
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